Kohler Credit Union Mortgage Rates, Fees & Info

Sheboygan, WI

LEI: 5493000FRWKMPAALEY22

Tax ID: 39-0402815

5 stars - Updated: 4/16/25 - out of 5 stars, based on 22 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Kohler Credit Union is a smaller credit union specializing in Home Purchase and Refi loans. Kohler Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Sheboygan, Milwaukee, Manitowoc, Madison, and Fond Du Lac among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Kohler Credit Union has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Kohler Credit Union is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.72% 4/16/25
    30 Year Conventional Purchase 6.74% 4/16/25
    30 Year Conventional Refi 6.57% 4/16/25
    15 Year Conventional Purchase 5.88% 4/16/25
    15 Year Conventional Refi 7.49% 4/16/25
    15 Year Cash-out Refi 7.49% 4/16/25
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Kohler Credit Union Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Kohler Credit Union. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    501

    Origination Dollar Volume (All Markets)

    $74,865,000

    Awards

    Kohler Credit Union 30 Year Conventional Loans silver Kohler Credit Union 30 Year Conventional Loans bronze Kohler Credit Union 30 Year Conventional Loans silver
    Show all (3) awards

    Relative Rate

    Kohler Credit Union's average 30 year fixed mortgage rate was 6.54%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of -0.01%.

    Relative Fees (Closing Costs)

    Kohler Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $3,106.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $8,356.

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    SHEBOYGAN, WI (FHA|USDA|VA) 299 $38,415,000 $128,478 $2,557 7.99%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 109 $20,565,000 $188,670 $2,925 7.72%
    Manitowoc, WI (FHA|USDA|VA) 47 $6,465,000 $137,553 $2,888 7.45%
    Outside of Metro Areas 12 $3,690,000 $307,500 $3,385 6.60%
    MADISON, WI (FHA|USDA|VA) 3 $995,000 $331,667 $4,138 7.83%
    FOND DU LAC, WI (FHA|USDA|VA) 11 $955,000 $86,818 $2,785 9.19%
    RACINE, WI (FHA|USDA|VA) 3 $665,000 $221,667 $2,436 7.13%
    APPLETON, WI (FHA|USDA|VA) 5 $645,000 $129,000 $2,805 7.18%
    Marinette, WI-MI (FHA|USDA|VA) 3 $545,000 $181,667 $2,909 5.96%
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 2 $540,000 $270,000 $3,600 6.31%
    Stevens Point, WI (FHA|USDA|VA) 1 $485,000 $485,000 $3,936 6.25%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 2 $370,000 $185,000 $3,216 6.44%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 2 $240,000 $120,000 $3,138 8.88%
    GREEN BAY, WI (FHA|USDA|VA) 1 $175,000 $175,000 $2,958 6.88%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 1 $115,000 $115,000 $0 7.75%
    Kohler Credit Union's top markets include Sheboygan, Milwaukee, Manitowoc, Madison, and Fond Du Lac among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Kohler Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Glacier Hills Credit Union
    Similarity Rank: 49
    UNITEDONE Credit Union
    Similarity Rank: 70
    NORTHWESTERN MUTUAL
    Similarity Rank: 91
    Community First Credit Union
    Similarity Rank: 140
    FOX COMMUNITIES
    Similarity Rank: 182
    Westbury Bank
    Similarity Rank: 220
    National Exchange Bank and Trust
    Similarity Rank: 270
    PRIME FINANCIAL CREDIT UNION
    Similarity Rank: 336
    EDUCATORS CREDIT UNION
    Similarity Rank: 420
    Horicon Bank
    Similarity Rank: 475

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 287 $55,475,000 $193,293 $2,753 6.83%
    HELOC 214 $19,390,000 $90,607 n/a 9.17%

    For 2024, Kohler Credit Union's most frequently originated type of loan was Conventional, with 287 originations. Their 2nd most popular type was HELOC, with 214 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 169 $38,905,000 $230,207 $3,226 6.89%
    Home Improvement 168 $14,550,000 $86,607 $2,078 8.45%
    Refi 88 $16,420,000 $186,591 $2,440 7.46%
    Other 76 $4,990,000 $65,658 $2,142 8.98%

    For 2024, Kohler Credit Union's most frequently cited loan purpose was Home Purchase, with 169 originations. The 2nd most popular reason was Home Improvement, with 168 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 217 $20,275,000 $93,433 $0 9.14%
    30 Year 145 $36,885,000 $254,379 $3,106 6.54%
    15 Year 61 $5,965,000 $97,787 $2,258 7.28%
    10 Year 33 $1,715,000 $51,970 $2,060 7.30%
    20 Year 28 $3,550,000 $126,786 $2,522 6.87%
    30+ year 12 $6,170,000 $514,167 $3,677 6.54%
    5 Year 4 $150,000 $37,500 $2,045 6.75%
    3 Year 1 $155,000 $155,000 $0 8.50%

    For 2024, Kohler Credit Union's most frequently cited loan duration was Other, with 217 originations. The 2nd most popular length was 30 Year, with 145 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 282 $54,360,000 $192,766
    $1k-2k 1 $75,000 $75,000

    Kohler Credit Union's average total fees were $3,106, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 282 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 204 $17,310,000 $84,853
    6-7% 202 $43,380,000 $214,752
    7-8% 66 $8,490,000 $128,636
    5-6% 28 $5,500,000 $196,429
    4-5% 1 $185,000 $185,000

    During 2024, Kohler Credit Union's average interest rate for loans was 6.54%, while their most frequently originated rate bucket for loans was Over 8%, with 204 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 241 $13,315,000 $55,249 $2,183 8.46%
    $100k-200k 130 $18,190,000 $139,923 $2,637 7.71%
    $200k-400k 110 $31,020,000 $282,000 $3,234 6.82%
    $400k-600k 16 $7,760,000 $485,000 $3,547 6.50%
    $1MM+ 2 $3,000,000 $1,500,000 $4,408 6.63%
    $600k-1MM 2 $1,580,000 $790,000 $4,081 6.81%

    2024 saw Kohler Credit Union place emphasis on $100,000 or less loans with 241 originations, totaling $13,315,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 129 $18,015,000 $139,651 $2,737 8.17%
    $150k-250k 109 $20,455,000 $187,661 $2,957 7.71%
    $50k-75k 103 $11,345,000 $110,146 $2,645 7.72%
    $75k-100k 89 $11,755,000 $132,079 $2,761 7.84%
    $50k or less 36 $2,890,000 $80,278 $2,409 7.15%
    $250k+ 22 $7,450,000 $338,636 $3,153 8.06%

    Kohler Credit Union lent most frequently to those with incomes in the $100k-150k range, with 129 originations. The second most popular income band? $150k-250k, with 109 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 129 $14,555,000 $112,829 $2,646 7.93%
    30-36% 93 $15,485,000 $166,505 $2,814 7.76%
    <20% 40 $5,160,000 $129,000 $2,501 7.67%
    50-60% 22 $4,670,000 $212,273 $2,801 7.81%
    39% 21 $3,175,000 $151,190 $2,931 7.89%
    41% 20 $2,680,000 $134,000 $2,699 8.46%
    37% 18 $2,890,000 $160,556 $2,852 7.76%
    47% 17 $2,755,000 $162,059 $2,906 7.61%
    44% 17 $2,775,000 $163,235 $2,571 7.59%
    42% 16 $2,320,000 $145,000 $2,797 7.55%
    43% 16 $1,980,000 $123,750 $2,736 7.74%
    38% 15 $2,175,000 $145,000 $2,595 7.48%
    36% 15 $2,155,000 $143,667 $2,700 8.20%
    40% 12 $1,830,000 $152,500 $3,275 8.16%
    48% 11 $1,935,000 $175,909 $2,790 7.84%
    46% 10 $2,130,000 $213,000 $3,112 7.39%
    45% 9 $1,825,000 $202,778 $2,751 7.90%
    49% 7 $1,375,000 $196,429 $3,169 7.91%
    >60% 7 $845,000 $120,714 $3,300 8.16%

    Kohler Credit Union lent most frequently to those with DTI ratios of 20-30%, with 129 originations. The next most common DTI ratio? 30-36%, with 93 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 411 $60,205,000 $146,484 $2,742 7.80%
    Not provided 54 $7,360,000 $136,296 $2,706 8.15%
    Asian 22 $4,490,000 $204,091 $3,055 7.69%
    Not applicable 6 $2,150,000 $358,333 $0 7.42%
    Black 4 $320,000 $80,000 $2,462 7.59%
    American Indian 3 $285,000 $95,000 $2,958 8.46%
    Other Asian 1 $55,000 $55,000 $0 8.50%

    Approval Rates

    Total approvals of all applications
    87.47%

    Kohler Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    79.24%

    Kohler Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 501 $74,865,000 $149,431

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    501 $74,865,000 $149,431

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 141 $13,735,000 $97,411 $2,244 8.62%
    40-60% 61 $11,775,000 $193,033 $2,736 7.62%
    60-80% 67 $18,365,000 $274,104 $3,012 6.56%
    80-100% 88 $23,950,000 $272,159 $3,257 6.60%
    Under 20% 144 $7,040,000 $48,889 $2,081 8.49%